It may not be a return of the “Pink Tide,” but the region’s left has been showing signs of a revival. Perhaps more than questions of right and left, though, what most characterizes South America today is a sense of instability and democratic fragility. What's next for the continent?
At last month’s BRICS summit, the government of Argentina promised to join the organization, which hopes to de-dollarize the global economy. That same week, however, Argentine voters made it clear that come October, they’ll elect a president who opposes joining BRICS and will increase the use of the dollar at home.
The popularity of Nayib Bukele's iron-fisted crime policies in El Salvador has caused politicians across Latin America to emulate him. But the results of recent elections in Ecuador and Guatemala indicate voters want more than tough talk.